Salary Packages Stay Flat at IIMK’s Final Placement
Sreeradha D Basu
Mumbai: The Indian Institute of Management Kozhikode has completed final placements for the Class of 2017 with overall salary packages similar to those offered to the previous batch owing to the lacklustre economic sentiment in the past few months. Top salary for the 334-strong batch has remained flat at .₹ 37 lakh while average salary is .₹ 17.14 lakh compared to .₹ 17.1 lakh last year.
A total of 107 recruiters participated in the final placements, making a total of 343 offers. This included 26 first-time recruiters such as Aspect Ratio, Evanssion, Feedback Infra, Infosys Management Consulting, Kalyan Group, Korn Ferry Hay Group, Microland and Payoneer.
Pre-placement offers saw an increase of 15.15% over last year.
Finance put in the strongest showing, with offers to 26% of the students, compared to 21% last year. Recruiters from this sector included American Express, Axis Bank, Citibank, Deutsche Bank, Edelweiss, Fidelity, Goldman Sachs, HSBC, JP Morgan Chase, Nomura and Yes Bank.
Roles in consulting were offered to 25% of the batch by Accenture Strategy, BCG, Cognizant Business Consulting, Deloitte, EY, IBM, Korn Ferry Hay Group, KPMG, McKinsey and PwC, among others.
The sales and marketing domain, with companies such as 3M, Godrej, GSK, HPCL, HUL, ITC, Johnson & Johnson, Kohler, L’Oreal, Maruti, Pidilite and Vodafone, saw offers to another 24% while Kalyan Group, Mahindra Group, RPG, TAS and Tata Communications offered roles in general management.
Operations roles were offered by Amazon, Asian Paints and Shell, among others. Capgemini, EXL Services, HCL, Hexaware, Mondelez, TCS and Wipro recruited from the campus for IT and analytics role.
Ten students opted out of placements, said Priya Nair Rajeev, chairperson-placements at IIM Kozhikode.